UK mortgage firms sends more jobs to India

Mortgage lender Cheltenham & Gloucester is to transfer another 300 jobs to India by the end of next year, it announced today.

Some of the back office roles will come from C&G’s Tachbrook Park base in Warwick, resulting in the closure of the site.

The move will double C&G’s presence in India and is part of a wider move by parent company Lloyds TSB to offshore administrative work.